It was a record year for the continued systematic destruction of Binghamton and Broome County’s tax base, courtesy of our IDA, aka The Agency.

These so-called deviated PILOT agreements give a select few wheeler-dealers huge reductions that last decades, while the rest of the payers pick up the slack. Local lending institutions have thrown in their lot by insisting on PILOTs that mitigate their risk at our expense. Community minded? Hardly.

What passes for local investment is nothing more than a flock of opportunistic vultures looking for instant net-worth gratification. Our area continues to suffer from third-world-like corruption and cronyism.

JOHN SOLAK

BIBLE SCHOOL PARK

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